00:00Music
00:15You can also become a millionaire by investing in the PPF scheme.
00:20Millionaire means full calculation.
00:22Even after retirement, the income source should continue.
00:26By the way, the PPF scheme run by the government is very popular among job seekers.
00:31And there are many types of extra benefits along with strong interest on investing in it.
00:36There are many savings schemes available.
00:39But among them, the Public Provident Fund, PPF, is a very popular scheme.
00:44Through this scheme, you get a share of the profit after some time.
00:49The question is, can you become a millionaire through this scheme?
00:54The answer is yes.
00:56Every month, you can also become a millionaire through the PPF through basic investment.
01:02We will tell you how much money you have to save every month for this.
01:07In PPF, you get a strong interest.
01:10These investments are popular because of the benefits of the PPF scheme.
01:15If we talk about other schemes, i.e. Fixed Deposit, AFD in the Bank and Post Office,
01:20then there is more interest in PPF compared to these schemes.
01:24Currently, the government is giving an interest of 1% along with this scheme.
01:29This interest is a circular interest, i.e. there is an interest in the interest.
01:34The calculation of the interest is annual, i.e. every year in the account of the PPF investors,
01:40the interest of PPF comes in March.
01:42How to become a millionaire through PPF?
01:45Basically, there is an interest.
01:47This is true in this scheme.
01:50Yes, we are going to tell you how you can become a millionaire through PPF.
01:56i.e. PPF is a kind of millionaire scheme.
02:00If you invest Rs. 405 in PPF every month,
02:04then you will invest Rs. 147,850 per year.
02:09Now, if you deposit the same amount in the PPF account for a continuous 25 years,
02:14then according to the current interest, i.e. 7% interest,
02:19more than Rs. 1 crore will be deposited in your PPF fund.
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